The US dollar rose slightly in thin holiday trading.

The dollar edged up slightly in thin holiday trading, but remained within recent ranges as U.S. stock and bond markets were closed for Presidents' Day. The U.S. economic calendar is light on Monday, with investors turning their focus to the minutes of the Federal Reserve meeting on Wednesday, as well as the preliminary fourth-quarter GDP and personal consumption expenditure inflation data on Friday. Following strong U.S. employment data and lower-than-expected inflation data last week, the market will be looking for clues on the timing of the next rate cut by the Federal Reserve from these events. The DXY dollar index rose 0.1% to 96.967.